Tuesday, March 17, 2009

7:44AM PDST GOLD ONLY RETRACES UP 61.8% BEFORE PULLING BACK


New down flag lines drawn



I can't help but think this market is going much

lower before we see new highs again. Right now

all the media talk is about a stock rally now that

the Dow is back above 7000. The lemmings can't

think for themselves and are only able to jump

on the daily bandwagon determined by the media.